Adan Kohnhorst

A statement from the Treasury pointed to several immediate action items. Measures included bringing stablecoins within regulation to pave the way for their future use as currency, as well as working with the Royal Mint to create an NFT. “It’s my ambition to make the UK a global hub

According to a new guidance by the Securities and Exchange Commission, US companies that hold cryptocurrencies for their customers must now account for those assets as liabilities, and warn investors about the associated risk. This includes major players such as Coinbase, PayPal, Block (formerly known as Square), and Robinhood. In

A street party in Portland, Oregon celebrating the Bitcoin Lightning Network turned heads, and provided real-world use cases for the technology. The Bitcoin Beach-style street fair featured vendors, artists, and food trucks, all accepting payment via the Lightning Network. Fiat money, naturally, was banned from the event. Clay Graham, founder

Core Scientific is the largest publicly-traded bitcoin mining company by hashrate, and just reported financials for 2021 that exceed analysts’ predictions. In the fiscal year ending on December 31st, 2021, Core Scientific’s total revenue increased 803% to $544.5 million. Analyst estimates were at $507.1 million, according to

After some turbulent back-and-forth, the EU is moving forward with its Markets in Crypto Assets (MiCA) bill. The landmark legislation will go ahead without the inclusion of a controversial provision that would have restricted proof-of-work cryptocurrencies. Proof-of-work (PoW) is a decentralized consensus mechanism used by cryptocurrencies like Bitcoin and Ethereum,

Each day, cryptocurrencies encroach a little further into terrain traditionally ruled by fiat. Residents of Portsmouth, New Hampshire are seeing this in no uncertain terms, now that the city has started accepting bill payments in Bitcoin and other cryptocurrencies. It was the city’s Mayor Deaglan McEachern who proposed the

The new laws ban crypto as a payment method in Thailand. However, the ban doesn’t apply to crypto used for investing; on the contrary, investing with crypto allows access to relaxed tax rules, including an exemption from a 7% value-added tax. In a statement, Thailand’s Security and Exchange

Senator Andrew Bragg will be working closely with the Treasurer to implement changes around cryptocurrency and digital assets. Bragg, who chaired the Senate Select Committee on Australia as a Technology and Finance Center, addressed Blockchain Week 2022, quoting the Treasurer in calling these changes “the most significant reforms to [Australia’